Brazil highway project being analysed for viability

Caixa Economica Federal will analyse a proposal for support US$264.42 million for recovery work on Brazil’s Rodovia Presidente Dutra highway. The proposal has been put forward by Brazilian road operator CCR and needs to be approved by Caixa before any funds can be released. Authorisation for this analysis process to go ahead was given by the board of the FI-FGTS investment fund. The funds would go to the recovery work along the 402km highway that connects Sao Paulo with Rio de Janeiro. CCR has operated the
July 22, 2014 Read time: 1 min

Caixa Economica Federal will analyse a proposal for support US$264.42 million for recovery work on Brazil’s Rodovia Presidente Dutra highway. The proposal has been put forward by Brazilian road operator CCR and needs to be approved by Caixa before any funds can be released. Authorisation for this analysis process to go ahead was given by the board of the FI-FGTS investment fund. The funds would go to the recovery work along the 402km highway that connects Sao Paulo with Rio de Janeiro. CCR has operated the route since 1996.

Finance & Funding

Related Content

  • Paraguay-Brazil bridge being built
    August 21, 2020
    Progress is being seen on the Paraguay-Brazil bridge now being built.
    Read More
  • Brazil road concessions face tender problems
    April 3, 2018
    Brazil’s Federal Government is keen to open a series of road projects to tenders but is facing a number of setbacks. However the country’s state governments are now pushing ahead with projects instead. Around US$4.38 billion worth of road concessions are planned by state governments, for some 5,000km of routes in all. These would include road upgrade and maintenance works, with concessions of up to 30 years. With Brazil’s Federal Government still in deadlock over its economic and political woes, the state g
    Read More
  • Brazil-Paraguay bridge project
    March 19, 2025
    Progress for Brazil-Paraguay bridge project
    Read More
  • Brazil’s booming economy fuels infrastructure demand
    January 9, 2013
    The emergence of Brazil as a major economic force and its need to improve infrastructure is proving a magnet for investment. Patrick Smith reports. Brazil is now the sixth biggest economy in the world according to its Finance Minister Guido Mantega. The largest country in South America with a population of 190 million and one of the BRICS, (Brazil, Russia, India, China, South Africa, Brazil’s economy grew 2.7% in 2011 and is now worth $2.5 trillion, having overtaken the UK. With big oil and gas reserves sti
    Read More

Highlighted Content